Net Income After Taxes. Not less than $1 on a year-to-date basis determined as of each fiscal quarter end; and not less than $1 on an annual basis, determined as of each fiscal year end.”
Net Income After Taxes. The words "Net Income after Taxes" mean, as to each Bank, as of the end of each Fiscal Quarter, such Bank's "Net income after Taxes" as reflected in its Call Report for such Fiscal Quarter in accordance with the Bank Rules and any other applicable rules and regulations of the FRB.
Net Income After Taxes. Not less than (i) $1 for the fourth fiscal quarter of 2005, and (ii) $1 for the first fiscal quarter of 2006. BY SIGNING HERE BORROWER AGREES TO THE DESIGNATED PROVISIONS IN THIS ADDENDUM: INTERNATIONAL DISPLAYWORKS, INC. By: Title: WXXXX FARGO HSBC TRADE BANK EXHIBIT B REVOLVING CREDIT FACILITY SUPPLEMENT THIS SUPPLEMENT IS AN INTEGRAL PART OF THE CREDIT AGREEMENT BETWEEN WXXXX FARGO HSBC TRADE BANK AND THE FOLLOWING BORROWER: NAME OF BORROWER: INTERNATIONAL DISPLAYWORKS, INC. CREDIT LIMIT FOR THIS REVOLVING CREDIT LOAN FACILITY AND SUBLIMITS: Credit Limit: $20,000,000 (subject to dollar limitations in Section 1.2 of Agreement)
Net Income After Taxes. Not less than $1 on a quarterly basis (determined as of each fiscal quarter end). BY SIGNING HERE BORROWER AGREES TO THE DESIGNATED PROVISIONS IN THIS ADDENDUM: (SIGNATURE) XXXXX FARGO HSBC TRADE BANK EXHIBIT B REVOLVING CREDIT FACILITY SUPPLEMENT THIS SUPPLEMENT IS AN INTEGRAL PART OF THE CREDIT AGREEMENT BETWEEN XXXXX FARGO HSBC TRADE BANK AND THE FOLLOWING BORROWER: NAME OF BORROWER: DESIGN WITHIN REACH, INC. FACILITY TERMINATION DATE: July 31, 2003 CREDIT LIMIT FOR THIS REVOLVING CREDIT LOAN FACILITY AND SUBLIMITS: Credit Limit: the lesser of (a) Two Million Five Hundred Thousand Dollars ($2,500,000) or (b) the Borrowing Base in effect from time to time.
Net Income After Taxes. Profitable on an annual basis determined ---------------------- as of each fiscal year end.
Net Income After Taxes. Guarantor will maintain at all times beginning on the Closing Date an annualized net income after taxes, measured on a rolling four quarter basis, of not less than Twenty-Five Million Dollars ($25,000,000.00).
Net Income After Taxes. Section 6.12 of the Credit Agreement is hereby deleted in its entirety and the following inserted therefor:
Net Income After Taxes. Borrower's Net Income After Taxes, on a consolidated basis, shall be no less than the following for the following periods: ======================================================= PERIOD NET INCOME AFTER TAXES ------------------------------------------------------- October 1, 1998 through $2,500,000 December 31, 1998 ------------------------------------------------------- January 1, 1999 through $8,000,000 June 30, 1999 and each six month period thereafter during the term of this Agreement =======================================================
Net Income After Taxes. Not less than $1 on a quarterly basis (determined as of each fiscal quarter-end) based on the sum of the results of four consecutive quarters consisting of the present quarter and the three preceding quarters.
Net Income After Taxes. Not less than $1 on a quarterly basis (determined as of each fiscal quarter end). BY SIGNING HERE BORROWER AGREES TO THE DESIGNATED PROVISIONS IN THIS ADDENDUM: DESIGN WITHIN REACH, INC. By: Title: XXXXX FARGO HSBC TRADE BANK EXHIBIT B REVOLVING CREDIT FACILITY SUPPLEMENT THIS SUPPLEMENT IS AN INTEGRAL PART OF THE CREDIT AGREEMENT BETWEEN XXXXX FARGO HSBC TRADE BANK AND THE FOLLOWING BORROWER: NAME OF BORROWER: DESIGN WITHIN REACH, INC. FACILITY TERMINATION DATE: July 31, 2004 CREDIT LIMIT FOR THIS REVOLVING CREDIT LOAN FACILITY AND SUBLIMITS: Credit Limit: the lesser of (a) Five Million Five Hundred Thousand Dollars ($5,500,000) or (b) the Borrowing Base in effect from time to time.
